Credit Policy and 3rd Quarter Credit Report

Samuel Bryan • Oct 5 2016

As Mike Vine explained in our recent FAQ, LBRY-the-protocol is quite different from LBRY-the-company. With the launch of LBRY’s live blockchain, the company created three reserve pools of credits to serve specific purposes. LBRY, Inc. will administer these reserves to promote the use and growth of the protocol.

The three reserve funds:

Community Fund: (200M credits) Reward early adopters, new users, and community contributions.

Institutional Fund: (100M credits) For strategic partnerships or assistance with charities, non-profits, and other institutions.